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Robotics company YASKAWA announces growth plans to 2024: 50% increase in production in Spain

Robotics company YASKAWA announces growth plans to 2024: 50% increase in production in Spain

06. March 2019

The world's leading industrial robotics brand has set itself the goal of increasing production to 500 robots per year and achieving a 20% market share by 2024

YASKAWA's priority is to consolidate its position as leader in robotic welding in Spain

Spain, one of YASKAWA's key markets, is among the countries with the highest levels of automation (Source: YASKAWA)

In its play on sustained growth in the Spanish market, the Japanese brand has set itself the goal of doubling production (Source: YASKAWA)

YASKAWA, the world's leading industrial robotics brand, today presented its plans for the coming years in Spain. In its play on sustained growth in the Spanish market, the Japanese brand has set itself the goal of doubling production (from 250 to 500 robots sold per year) and current market share (from 10% to 20%) in the next five years in Spain. To meet these ambitious targets, YASKAWA is basing its strategy on increasing its workforce in Europe by 10%, as well as consolidating itself as leader in robotic welding.

Spain, one of YASKAWA's key markets, is among the countries with the highest levels of automation (fourth in the EU, twelfth worldwide). With its determination to continue growing sustainably in Spain and to continue responding to the increasing demand from companies that need integrated technologies allowing humans and robots to work together, YASKAWA has chosen to reaffirm its commitment by announcing the new targets for the company for the next five years.

"At YASKAWA we have always bet on sustained growth in the Spanish market. Spain is undergoing the industrial revolution 4.0 and we want to be part of this, with the aim of satisfying companies' current requirements. Therefore, and renewing our commitment to the Spanish market, today we have announced growth forecasts in the Spanish market for the next five years which consist of doubling our production volume by 2014 as well as reaching a 20% market share" said Laurent Bodin, General Manager for Robotics at Yaskawa Ibérica.

YASKAWA took advantage of today's event not only to announce forecasts but also to present the latest developments and future trends in the industry and to showcase the robotics industry as a generator of quality employment. “Industrial robots are taking over dangerous and tedious tasks, so that humans can concentrate on work that requires higher quality. The most automated countries in the world are also those with the lowest unemployment rates, and we are going to invest in job creation in Spain. The robotics industry is a tremendously exciting world that brings value to people's daily lives and we want to highlight all the possibilities that it offers,” remarked Laurent Bodin.